The two parties will develop distinctive activities and online encounters for Red Devils supporters at Old Trafford and elsewhere that are powered by Snapdragon techno
The Bundesliga champions aim to create personalized digital experiences in managing relationships with supporters globally to secure their long-term loyalty.
Kevin Sylla Discusses the Potential Pitfalls of the Over-Electrification of the Global Energy Transition
HBO Max and Discovery Plus' merged streaming service is coming to the U.S. first in the summer of 2023.
The NFL has 16 franchises worth at least $4 billion, way more than the four in the MLB, and three in the National Basketball Association.
Every virtual NBA game is driven by actual NBA data, which Sportradar obtained as part of a US$1 billion streaming and betting data agreement with the league.
Heineken made the warning after posting revenue growth of 37 percent in its half-year results that placed its growth ahead of the industry in over half of their markets.
Legend Venture Partners LLC Discusses Key Contributors to Growth and Returns for Private Equity Investment
This drink stands out for its beautiful purple shade and the ingredient that gives its hue, the rare luxury black grape Nagano Purple.
A company official attributed the strong demand for our Soonhari products to the growing popularity of K-content overseas.
The SK affiliate anticipates that the product will have a competitive advantage in the international market, which requires a consistent and stable supply of vaccines in the upcoming months.
Holiday Inn operator IHG hotel group to cease business in Russia
The International Hotels Group, or IHG, which runs the Holiday Inn Hotel, announced on Monday, June 27, that it has decided to withdraw its business in Russia. The hotel and resort company said that it made the decision due to the growing challenges it faces in operating its business in the country amid the invasion of Ukraine.
Aside from Holiday Inn, IHG also owns other well-known luxury hotels, including Crowne Plaza, Hualuxe, and Regent hotel chains that have locations around the world. The company said it had already halted all of its new investments and development activities in Russia, as per Reuters.
The IHG hotel group further revealed that its corporate office in Moscow, the capital of Russia, has been shut down as well. As part of its plans to leave the country, it is also in talks with the owners of IHG-branded hotels to fix and revise their franchise contracts that include long-term management agreements.
“We remain deeply troubled by the war in Ukraine and the humanitarian crisis it has caused. Following the outbreak of the war, we announced the suspension of future investments, development activity and new hotel openings in Russia and that we did not intend to resume any investment or development activity in the foreseeable future,” the IHG Group said in a statement.
The company went on to say, “These steps followed significant donations to our humanitarian charity partners and a commitment to work with hotel owners in other countries to shelter refugees.”
Seeking Alpha reported that IHG met up with the owners of at least 28 properties, and the meetings have been going on since April. But in the last couple of meetings, the company ultimately decided to just pull out its operations, and this is the main topic of the talks.
The IHG hotels that will be affected by the company’s decision include the 5-star luxury hotel called Tverskaya located in St. Petersburg, Holiday Inn in Perm, and others located in Ufa, Chelyabinsk, Voronezh, Krasnodar, Kaliningrad, and Samara. Finally, the share price of the IHG hotel group increased a bit in the waning hours of June 27th’s trading session.